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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (61998)12/14/2000 3:09:05 PM
From: Tom Byron  Respond to of 116897
 
believe the us dollar need to break the 113 area (the lows of late september)to trigger more downside action....it is now sitting at 113.22 as of today's close...see below intra-day and weekly chart.

test.crbindex.com@DX.1



To: Hawkmoon who wrote (61998)12/14/2000 3:44:44 PM
From: Crimson Ghost  Read Replies (2) | Respond to of 116897
 
"And the question of whether it does anything for gold even more interesting... If not, watch out below..."

You are 100% correct. If a drop in the dollar index to 106 does nothing or very little for POG, gold's days as a viable investment asset class will be just about over barring a GATA miracle.


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